The cost of living (in Shanghai)
Jul 17, 2019

The cost of living (in Shanghai)

The average monthly wage in Shanghai is about $1,047. Today, we look at what it's like to live on that. Plus: The Fed and business leaders are puzzled by the economy, but consumers don't seem to mind.

Segments From this episode

Can batteries help get the U.S. off the natural gas “bridge?”

Jul 17, 2019
The bridge keeps getting longer, with utilities and energy companies adding hundreds of gas plants around the country.
Energy company AES is putting the finishing touches on a new natural gas unit in Long Beach, California.
Ben Bradford/Marketplace

What it's like to live on an average wage in Shanghai

Jul 18, 2019
China's official inflation is still under 3%, but residents complain that the cost of living in the financial hub of Shanghai just keeps getting higher.
Workers on a lunch break in Shanghai. According to the job site, Zhaopin, the average worker spends 20 yuan ($2.90) or less per lunch. Convenience stores like this one are one of the few places that offer cheap meals in office areas.
Charles Zhang/Marketplace

Corporate infighting leaves New Jersey residents unsure who will clean up chemical contamination

Jul 18, 2019
Corporate infighting in an environmental liability suit has residents of a New Jersey township worried if their soil and water will be cleaned up.
WILMINGTON, DE - DECEMBER 11: Dupont corporate headquarters as seen in 2015 in Wilmington, Delaware
Mark Makela/Getty Images

Uber partners with Cargo to sell luggage, makeup and electronics

Jul 17, 2019
It's an old marketing technique: selling to a captive audience.
An Uber car waits for a client in Manhattan in 2017.
Spencer Platt/Getty Images

This economy is perplexing experts. Here's why.

Jul 17, 2019
Mixed signals from economic indicators + uncertainty about the trade war = ???
Fabrice Coffrini/AFP/Getty Images

Consumers aren't worried about the economy

Jul 17, 2019
And consumer sentiment is thought to be a good indicator of whether a downturn is coming or not.
Joe Raedle/Getty Images

Music from the episode

Wait for Me Swim Mountain
My Only Swerving El Ten Eleven
Forever and Ever Sun Glitters, Steffaloo
Airfield Javelin
Explore, Be Curious Cloudkicker
Passenger Kidsmoke

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Sean McHenry Director & Associate Producer II

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